1510 Hwy Driggs, ID 83422
This exceptional commercial property presents a rare investment opportunity in the heart of Driggs, Idaho. Situated on a generous 5-acre lot within the Driggs City limits and zoned for commercial use, this property offers significant potential for redevelopment or repurposing. The existing structure, a 1,600 square foot home, is currently leased as a residence and is being sold "as is." While the home has undergone some updating, it is considered an older building with a non-conforming use due to its long-standing presence. The property's location is highly desirable, situated just north of Driggs and directly adjacent to the Driggs City Community Resource Center, ensuring high visibility and accessibility. This prime location within the Driggs Commercial Corridor Zone provides excellent exposure to a thriving community. The asking price is $1,950,000, translating to $1,218.75 per square foot. This presents a unique chance to acquire a substantial parcel of land with an existing building in a rapidly growing area of Teton County, Idaho. The property is located at 1510 N Highway, Driggs, ID 83422. A 24-hour notice is required for showings of the existing house.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.